Fla. Admin. Code R. 69O-163.0075

Current through Reg. 50, No. 222; November 13, 2024

Section 69O-163.0075 - Term and Evidence of Insurance

Credit life insurance shall not exceed ten years from the date of issue and provide coverage for at least 5 years or the term of the loan if the loan is for less than 5 years.

Fla. Admin. Code Ann. R. 69O-163.0075

Rulemaking Authority 624.308(1), 627.678 FS. Law Implemented 624.307(1), 627.681, 627.6785(3), 627.681(3) FS.

New 2-11-03, Formerly 4-163.0075, Amended 9-30-09.